The PSEi dipped as investors wait for fresh cues although sentiment was also dampened by the Bangko Sentral ng Pilipinas’ (BSP) signal that it is not lowering rates soon. The main index shed 6.48 points or 0.10 percent to close at 6,228.29 as Banks led the decline while Conglomerates and...
Local share prices fell as investors preferred to hold on to cash over the long weekend. The main index lost 71.08 points or 1.13 percent to close at 6,234.77 as Banks led all sectors in the retreat. Volume eased to 270 million shares worth P3.67 billion as gainers edged out losers 83 to 82 with 49...
The PSEi was able to recover most of the day’s loss to end almost flat amid some profit-taking as investors wait for fresh cues. The main index shed 3.1 points or 0.05 percent to close at 6,305.85 as Banks led the decline while Conglomerates and Services advanced. Volume improved to 345...
The local stock market ended up after early profit-taking following the release of lower-than-expected inflation figures for November. The main index rose by 24.58 points or 0.39 percent to close at 6,308.95 even though sectoral indices were evenly split. Volume was still low at 622 million...
Philippine shares rose ahead of the release of economic data here and overseas including the November inflation number. The main index added 39.19 points or 0.63 percent to close at 6,284.37 with the advance led by the surge in Mining and Oil stocks. Volume remained weak though at 446 million...
The PSEi was up today, Dec. 1, following gains made by US bourses amid hopes that interest rates will not be raised. The main index added 21.45 points or 0.34 percent to close at 6,245.18 as the Property counter led the advance while Banks and Miners lagged behind. Volume declined to 1.68...
The local stock market continued to decline as investors adjust their holdings to the new MSCI index composition. The main index dropped 41.41 points or 0.66 percent to close at 6,223.73 with Conglomerates leading the retreat although Banks and Property stocks managed to advance. Volume...
The local stock market opened the shorter trading week on a positive note as month’s end window dressing started while oil prices weakened. The main index rose by 40.07 points or 0.64 percent to close at 6,309.57 as the Property sector surged to lead the advance while the Industrial and...
A SALUTE TO OUR HORSE BUDDIES Clark held its 15th Horsefest at the El Kabayo Grounds Throughout the course of human history, the connection between humans and horses is woven with threads of mutual understanding, trust, and companionship. Horses have long held a special place in our hearts, not...
The Gotianun Group’s investment arm Filinvest Development Corporation’s (FDC) planned P10-billion bond offering has been assigned the highest Issue Credit Rating of PRS Aaa, with a "stable outlook" by Philippine Rating Services Corporation (PhilRatings). FDC is planning a bond issuance of P7...
Filinvest Development Corporation (FDC), the investment arm of the Gotianun Group, is planning to raise up to P32 billion through the issuance of peso-denominated fixed rate bonds in one or more tranches. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it has filed online via...
Filinvest Development Corporation (FDC), the investment holding company of the Gotianun family, reported a 57 percent rise in attributable net income to P5.9 billion for the first nine months of 2023 from the P3.8 billion generated in the same period last year as it continues to recover from the...
